Goldberg, Pinelopi K.; Juhász, Réka; Lane, Nathan J.; … - National Bureau of Economic Research - 2024
The resurgence of subsidies and industrial policies has raised concerns about their potential inefficiency and … retaliatory measures from other countries, leading to a wasteful "subsidy race." However, subsidies for sectors with inherent … industry's growth, with subsidies being the primary form of support. They also highlight the importance of cross …